The forex market in minutes

I think that there is no easy way to make money from forex market because forex is a very complicated and risky business in the world where none can trade perfectly if they learn the knowledge and trading experience with hard work and patience with spending more time. So, if you want to success here then you must have to learn first before invest your money.

If you find any short cut way to make profit on your trading, then my suggestion for you leave from trading right now. In the foreign exchange market have not any easy way to make money. If you really wanna to be a good trader, then you would need to go forward slowly. If you can then once a time you would be able to get better result on your trading.

Forex trading is a highly risky trading business, so to earn from here is not an easy task. To earn from Forex trading business every trader needs proper knowledge about Forex market. And he needs to good trading strategies and good risk avoiding capabilities. And he needs more and more practice.

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Tide is Turning for the Aussie

First of all, the putative economic boom that is taking place in Australia is being driven entirely by high commodity prices and surging production and exports. Since peaking at the end of April, commodity prices have fallen mightily. You can see from the chart above that there continues to exist a tight correlation between the AUD/USD and commodities prices. As commodities prices have fallen over the last two months, so has the Australian Dollar.

In addition, while demand will probably remain strong over the long-term, it may very well slacken over the short-term, due to declining economic growth across the industrialized world.  Consider also that Australia’s largest market for commodity exports – China – may have difficulty sustaining a GDP growth rate of 10%, and at the very least, new fixed-asset investment (which necessitates demand for raw materials) will temporarily peak in the immediate future.

Finally, the mining sector directly accounts for only 8% of Australia’s economy, which means that only to a limited extent to high commodities prices contribute to the bottom line of Australian GDP. This notion is reinforced by the 1.2% economic contraction in the second quarter – the biggest decline in 20 years – and the fact that GDP is basically flat over the last three quarters. Many non-mining economic indicators are sagging, and the number of corporate bankruptcies is 10% higher than in 2010. In the end, then, the ebb and flow of Australia’s fortune depends less on commodities, and more on other sectors.